Compliance Blog

Dec 12, 2012
Categories: Accounts

ATM Fee Disclosure & CFPB Privilege Bills Pass Senate; NCUA Webinar; Member Call-In

Written by Steve Van Beek

Yesterday, we gave a roundup of various issues On the Hill.  Last night, the Senate passed both the ATM Fee Disclosure bill as well as the CFPB Privilege bill.  These will both move along to President Obama's desk for his signature.  You can find additional details in the NAFCU Today.  The NAFCU Today also has the latest on the TAB/NIBTA bill which would extend the unlimited share insurance on noninterest-bearing transaction accounts.  

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NCUA Webinar.  NCUA recently announced a free webinar on Mergers this Friday.  The webinar will address the following questions:

  • Why do mergers happen?
  • Should merger scenarios be a part of strategic planning?
  • Who is responsible for protecting the interests of members during a merger?
  • How to maintain viability and avoid administrative mergers?
  • How to find the ideal merger partner?
  • What is the merger process?

Registration is now available.  The webinar is slated for 2:00 p.m. EST on Friday, December 14th.    

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NCUA Small Credit Union Website.  NCUA also announced new features and a new design for their Office of Small Credit Union Initiatives (OSCUI) website.  The new website is here.    

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NAFCU Member Call-In.  If you missed the live call-in last Thursday, you can still listen to the audio version here (NAFCU member log-in required).  The total call is just under 43 minutes.  If you don't have 43 minutes, you can listen to the compliance discussion from the 26:00 mark until the 35:30 mark. Â